Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Hungary
Quarterly, Not Seasonally Adjusted
LFHUADFEHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77,000.00
Year-over-Year Change
-4.15%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate. It provides important insights into employment trends and labor market dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The quarterly, not seasonally adjusted labor force participation rate represents the proportion of the civilian population aged 16 and over who are employed or actively seeking work. This metric is closely watched by economists and policymakers to assess labor market conditions and the strength of the economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The labor force participation rate is a key indicator used to evaluate the health of the job market and inform economic policy decisions.
Key Facts
- The labor force participation rate peaked at 67.3% in early 2000.
- The rate declined significantly during the Great Recession, reaching a low of 62.4% in 2015.
- Fluctuations in the participation rate reflect changes in the willingness and ability of people to work.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted labor force participation rate, which represents the proportion of the civilian population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator used by economists and policymakers to assess the strength of the labor market and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and financial analysts to evaluate the job market and inform decisions on economic policy, such as interest rates and fiscal measures.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUADFEHUQ647N), retrieved from FRED.